CAGE RANCH

CAGE RANCH is a Texas gas lease in Brooks County, Railroad Commission district 04, operated by Coastal Oil & Gas Corporation. It has 1 wellbore on file with the Commission. Reported production runs from November 1999 to August 2026, totalling 16,411,536 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $1.3M, with roughly $216K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 8,243 thousand cubic feet a month. Its strongest month on the record we hold was July 2022, at 16,623 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 17% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.

Key facts about CAGE RANCH

Who operates CAGE RANCH?
CAGE RANCH is operated by Coastal Oil & Gas Corporation, Railroad Commission of Texas operator number 161639.
Where is CAGE RANCH?
CAGE RANCH is a Texas gas lease in Brooks County, Texas, in Railroad Commission district 04. Its Railroad Commission lease number is 176859.
Is CAGE RANCH still producing?
CAGE RANCH is currently producing. The most recent month of production reported to the Railroad Commission of Texas for CAGE RANCH is August 2026.
How much has CAGE RANCH produced?
CAGE RANCH has reported 16,411,536 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between November 1999 and August 2026, from 1 wellbore.
How much is CAGE RANCH worth?
The remaining production from CAGE RANCH is estimated to be worth about $1.3M in total as of 27 August 2026, within a range of $1.1M to $1.6M. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in CAGE RANCH is a fraction of it. The estimate fits an Arps decline curve to the production CAGE RANCH has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for CAGE RANCH is an estimate of value, not an offer and not an appraisal.
How much income does CAGE RANCH generate in a year?
CAGE RANCH is forecast to net about $216K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in CAGE RANCH receives a fraction of that, set by the decimal interest printed on their check stub.

Lease record

CAGE RANCH as filed with the Railroad Commission of Texas
OperatorCoastal Oil & Gas Corporation
FieldHook (Loma Blanca)
CountyBrooks County, Texas
RRC district04
Lease number176859
Wellbores1
Reported production16,411,536 mcf
First reported
Last reported
Estimated royalty value$1.3M

Where CAGE RANCH sits

Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .

Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.